RVBA-EQIXReal Estate & REITs

Equinix — in detail

Full extracted data, every event in the company's history we've captured, and (soon) external news. The full ratios diagnostic with peer benchmarks lives at /ratios.

Reference sources (2/5)

Source documents
Recent disclosure
Multi-year metrics
Targets
Certifications

External news· 2 ESG-tagged · GDELT

tagged categories: climate · governance · controversy · M&A · regulatory

Source: GDELT 2.0 DOC API · ESG-keyword filtered · 3-month trailing window.

Data by year· every metric + key events per year

Each year shows the firm's reported metrics on the left and the most material events on the right. Up to 10 events per year; the full event log is one click further.

2025

P&L highlights (USD)

Headcount (FTE)	13,716people
Revenue	9.3B
Cost of revenue	(4.5B)
Gross profit	4.8B
Operating expenses (S&M + G&A)	(2.9B)
Operating income	1.8B
Net income	1.4B

Balance sheet highlights (USD)

Property, plant & equipment	25B
Right-of-use (leased) assets	1.4B
Total assets	40.1B
Total debt	18.9B
Cash & equivalents	1.7B
Minority interest	22M

Market & shares

Market cap (FY-end)	75B
Shares outstanding	97.9M

Events 2025· 4

Strengthened climate risk assessment with quantitative model

In 2025, Equinix strengthened its climate risk assessment by introducing a quantitative model and expanding the scope of risks analyzed, providing deeper data-driven insights into both physical and transition risks.

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Acquired TIM NextGen DC Corporation (Philippines)

On June 2, 2025, Equinix completed the acquisition of all outstanding shares of TIM NextGen DC Corporation, consisting of three data centers in the Philippines, for total purchase consideration of $183 million. Marked entry into Philippines market.

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EcoVadis Gold Medal achieved for first time

In 2025, Equinix's sustainability program achieved the EcoVadis Gold Medal for the first time. EcoVadis provides trusted, independent evaluations of company sustainability performance.

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CFO retirement and succession announced

In December 2025, Equinix announced the retirement of and succession plan for CFO Keith Taylor, with separation date of March 1, 2027. Transition Agreement signed December 2, 2025.

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2024

Energy (kWh)

Renewable energy %

96%

P&L highlights (USD)

Headcount (FTE)	13,606people
Revenue	8.7B
Cost of revenue	(4.5B)
Gross profit	4.3B
Operating expenses (S&M + G&A)	(3B)
Operating income	1.3B
Net income	815M

Balance sheet highlights (USD)

Property, plant & equipment	20.7B
Right-of-use (leased) assets	1.4B
Total assets	35.1B
Total debt	15.2B
Cash & equivalents	3.1B
Minority interest	24M

Market & shares

Market cap (FY-end)	90B
Shares outstanding	95.5M

Events 2024· 3

Q4 2024 Restructuring Plan and Equinix Metal Wind Down

In Q4 2024, Equinix initiated a restructuring plan to realign the organization and announced wind down of the Equinix Metal product by June 2026. Recorded $233M impairment charges in 2024 and $68M in 2025 related to these initiatives.

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SBTi-approved 2040 long-term net-zero target

In 2024, Equinix's 2040 long-term science-based target was approved by the Science Based Targets initiative (SBTi). The company also targets 100% clean and renewable energy coverage across global portfolio by 2030 and net-zero GHG emissions across value chain by 2040.

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Sold SV12 data center to AMER 2 Joint Venture

On April 10, 2024, Equinix invested in the AMER 2 Joint Venture and sold the SV12 data center site for $293M total consideration, recognizing $18M gain. Part of strategy to develop xScale hyperscale capacity through joint ventures.

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2023

sustainability report ↗

Climate · carbon footprint (tCO2e)

Scope 1	29,000
Scope 2 (market-based)	234,100
Scope 3	1.2M
Gross carbon footprint	1.5M
Net carbon footprint	1.5M

Energy (kWh)

Renewable energy %

96%

P&L highlights (USD)

Headcount (FTE)	13,151people
Revenue	8.2B
Cost of revenue	(4.2B)
Gross profit	4B
Operating expenses (S&M + G&A)	(2.5B)
Operating income	1.4B
Net income	969.2M

Balance sheet highlights (USD)

Property, plant & equipment	20.1B
Right-of-use (leased) assets	1.4B
Total assets	32.7B
Total debt	13.7B
Cash & equivalents	2.1B
Minority interest	25M

Market & shares

Market cap (FY-end)	75.4B
Shares outstanding	93.6M

Events 2023· 4

Limited assurance on energy and Scope 1/2/3 emissions

Equinix's 2015-2023 energy, renewable energy, and Scope 1, 2, and 3 emissions are externally verified to Limited Assurance Standards ISO 14064-3. Report itself does not have external assurance.

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100% renewable energy coverage by 2030 goal

Equinix maintains a long-term goal to achieve 100% renewable energy coverage by 2030, currently at 96%.

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First-year reporting on Water Usage Effectiveness (WUE)

2023 is the first year Equinix reports WUE across its global data center portfolio (1.07 average; 1.63 for water-cooled sites).

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Scope 1 emissions decrease driven by reduced refrigerant leakages

Scope 1 emissions decreased from 40,300 to 29,000 mtCO2e in 2023, primarily driven by reduced refrigerant leakages from focused operational efforts.

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2022

sustainability report ↗

Climate · carbon footprint (tCO2e)

Scope 1	40,300
Scope 2 (market-based)	228,200
Scope 3	1.3M
Gross carbon footprint	1.6M
Net carbon footprint	1.6M

Energy (kWh)

Renewable energy %

96%

P&L highlights (USD)

Headcount (FTE)	12,097people
Revenue	7.3B
Cost of revenue	(3.8B)
Gross profit	3.5B
Operating expenses (S&M + G&A)	(2.3B)
Operating income	1.2B
Net income	704.3M

Balance sheet highlights (USD)

Property, plant & equipment	18.1B
Right-of-use (leased) assets	1.3B
Total assets	30.3B
Total debt	12.8B
Cash & equivalents	1.9B
Minority interest	-134,000

Market & shares

Market cap (FY-end)	60B
Shares outstanding	91.6M

Events 2022· 5

Limited assurance ISO 14064-3 for energy and emissions

2015-2022 energy, renewable energy, and Scope 1, 2, 3 emissions externally verified to Limited Assurance Standards ISO 14064-3. Report itself does not have external assurance.

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Opened/acquired 13 new IBX data centers in 2022

In 2022, opened or acquired 13 new IBX data centers, opened three new xScale data centers via joint ventures, entered three new markets, bringing total to 248 facilities. Affects YoY comparability of energy and emissions.

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100% renewable energy coverage target by 2030

Equinix targets reaching 100% renewable energy coverage by 2030, scaling from current 96%.

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MX1 cogeneration facility shutdown drove Scope 1 reduction

Primary drivers for the decrease in Scope 1 emissions include reduction in refrigerant leakages and shutting down of the on-site natural gas based cogeneration facility at MX1.

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Thermal Efficiency Commitment announced December 2022

First digital infrastructure company to commit to optimizing power use by operating data centers within wider temperature parameters, expected to drive PUE improvements over time.

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2021

sustainability report ↗

Climate · carbon footprint (tCO2e)

Scope 1	50,700
Scope 2 (market-based)	254,800
Scope 3	1.5M
Gross carbon footprint	1.8M
Net carbon footprint	1.8M

Energy (kWh)

Renewable energy %

95%

P&L highlights (USD)

Headcount (FTE)	10,944people
Revenue	6.6B
Cost of revenue	(3.5B)
Gross profit	3.2B
Operating expenses (S&M + G&A)	(2.1B)
Operating income	1.1B
Net income	500.2M

Balance sheet highlights (USD)

Property, plant & equipment	16.7B
Right-of-use (leased) assets	1.5B
Total assets	27.9B
Total debt	11.6B
Cash & equivalents	1.5B
Minority interest	-318,000

Market & shares

Market cap (FY-end)	75.9B
Shares outstanding	89.8M

Events 2021· 8

Added 11 new IBX sites to sustainability reporting boundary

Inclusion of 2021 completed sites (BX1, DC21, FR8, LD11x, MC1, ML5, PA9x, SG5, SP5x, SV11, TY12x) plus expansions at existing sites in the operational reporting boundary.

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Shutdown of MX1 on-site natural gas cogeneration facility

Primary drivers for the decrease in Scope 1 emissions include the shutdown of the on-site natural gas-based cogeneration facility at MX1 and an overall reduction in refrigerant leakages.

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Limited assurance to ISO 14064-3 for 2015–2021 energy and Scope 1/2/3 emissions

Equinix's 2015–2021 energy, renewable energy, and Scope 1, 2, and 3 emissions externally verified to Limited Assurance Standards ISO 14064-3.

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Science-based targets established in 2021

Equinix established science-based targets (SBT) in 2021 with a 2019 baseline. Reports 23% reduction in operational emissions across Scope 1 and 2 from 2019 baseline as of 2022.

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Committed to global climate neutral by 2030 (first in data center industry)

In June 2021, Equinix became the first company in the data center industry to commit to being climate neutral globally by 2030, backed by science-based targets for emissions reductions.

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Validated science-based target for operations and supply chain emissions

Equinix had its science-based target validated covering operations and supply chain emissions.

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Switched FERA upstream electricity reporting from location-based to market-based

For 2019 and 2020, Equinix reported FERA Location-Based emissions but elected to report FERA Market-Based emissions moving forward as it better reflects Equinix operations. The 2019 and 2020 Scope 3 totals have been adjusted accordingly.

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Acquired GPX India operations; announced MainOne (Africa) acquisition

In September 2021, Equinix completed the acquisition of GPX Global Systems' India operations. In December 2021, announced planned acquisition of MainOne (West African data center). Both excluded from sustainability reporting boundary unless noted.

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2020

sustainability report ↗

Climate · carbon footprint (tCO2e)

Scope 1	55,100
Scope 2 (market-based)	327,700
Scope 3	1.3M
Gross carbon footprint	1.7M
Net carbon footprint	1.7M

Energy (kWh)

Renewable energy %

91%

P&L highlights (USD)

Headcount (FTE)	10,013people
Revenue	6B
Cost of revenue	(3.1B)
Gross profit	2.9B
Operating expenses (S&M + G&A)	(1.9B)
Operating income	1.1B
Net income	369.8M

Balance sheet highlights (USD)

Property, plant & equipment	16B
Right-of-use (leased) assets	1.5B
Total assets	27B
Total debt	10.5B
Cash & equivalents	1.6B
Minority interest	130,000

Market & shares

Market cap (FY-end)	62.6B
Shares outstanding	87.7M

Events 2020· 8

Added MX1 cogeneration facility increasing Scope 1

In 2020, MX1 was added to operational boundary which includes an onsite natural gas-based cogeneration facility — primary driver for Scope 1 emissions increase from 40,700 to 55,100 mtCO2e, alongside increased diesel usage for backup generation.

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Pursuing Science-based Targets

In 2020, Equinix announced it is pursuing Science-based Targets for emission reduction.

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Issued $1.35B inaugural green bonds

In 2020, Equinix issued inaugural green bonds (>$2.5B referenced including Feb 2021 €1.1B issuance) to fund green buildings, energy efficiency, water, and renewable energy projects.

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Refrigerant losses added to Scope 1 (since 2018)

Scope 1 emissions now include refrigerant losses (new since 2018), in addition to onsite diesel for backup generation and natural gas for heating and fuel cells.

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Limited assurance ISO 14064-3 for 2015-2020 emissions

Equinix's 2015-2020 energy, renewable energy, and Scope 1, Scope 2 and Scope 3 emissions externally verified to Limited Assurance Standards ISO 14064-3.

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Expanded Scope 3 inventory to include previously omitted categories

In 2020, Equinix expanded Scope 3 to include Purchased Goods & Services, Capital Goods, Fuel and Energy Related Activities, Waste, Rail business travel, and work-from-home commuting. Also restated 2019 Scope 3 to include all relevant categories going forward.

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Acquired 13 Bell Canada data centers

Equinix acquired 13 IBX data centers from Bell Canada in 2020, included within 2020 operational boundary. Also included Axtel Mexico sites (MX1, MX2, MO2). MX1 added an onsite natural gas cogeneration facility which drove Scope 1 emissions higher.

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Joined EU Climate Neutral Data Centre Operator Pact (2030)

Equinix joined the EU Climate-Neutral Data Centre Operator Pact, committing to EU data center carbon neutrality by 2030.

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